Delaware

TIA Data

2018 Financial State of Delaware (Released 9/24/2019)

Use Create Your Own State Chart to see additional financial, demographic and economic data for this and other states

 
Delaware owes more than it owns.
Delaware's Taxpayer Burden™ is -$27,100, and it received an "F" from TIA.
Delaware is a Sinkhole State without enough assets to cover its debt.
Elected officials have created a Taxpayer Burden™, which is each taxpayer's share of state bills after its available assets have been tapped.
TIA's Taxpayer Burden™ measurement incorporates both assets and liabilities, not just pension debt.
Delaware only has $3 billion of assets available to pay bills totaling $12 billion.
Because Delaware doesn't have enough money to pay its bills, it has a $9.1 billion financial hole. To fill it, each Delaware taxpayer would have to send $27,100 to the state.
Delaware's reported net position is understated by $77 million, largely because the state defers recognizing losses incurred when the net pension liability increases.
The state's financial report was released 166 days after its fiscal year end, which is considered timely according to the 180 day standard.
 

Prior Years' TIA Data

2017 Financial State of Delaware

2016 Financial State of Delaware

2015 Financial State of Delaware

2014 Financial State of Delaware

2013 Financial State of Delaware

2012 Financial State of Delaware

2011 Financial State of Delaware

2010 Financial State of Delaware

2009 Financial State of Delaware

Other Resources

Delaware Comprehensive Annual Financial Reports

Publishing Entity: State of Delaware - Division of Accounting

IN THE NEWS
Student debt per capita fluctuates in Arizona and Delaware

MAY 7, 2019 | WILMINGTON PATCH (DELAWARE

“… In 2018, the 50-state average student debt per capita was $5,438.04, which placed Delaware above average and Arizona below average for student debt. Hypothetically, if every U.S. citizen was willing to pay $5,438.04, we could erase all student debt in the U.S. Unfortunately, money doesn't grow on trees, so it looks like you're on your own for this one.” 

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